ECONOMICS
PROFIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Not sure
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None of the above
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Detailed explanation-1: -A company’s profit margin fluctuates each quarter and has a direct effect on its stock price. A company’s market share, on the other hand, reflects the amount of products the company sold compared to the total number sold by all companies in a given market or industry.
Detailed explanation-2: -Market share is calculated by taking the company’s sales over the period and dividing it by the total sales of the industry over the same period. This metric is used to give a general idea of the size of a company in relation to its market and its competitors.
Detailed explanation-3: -What is market share? The percentage of sales in a particular market recorded by a business.
Detailed explanation-4: -What is Market Share. Definition: Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share. In other words, if consumers as a whole buy 100 soaps, and 40 of which are from one company, that company holds 40% market share.